The bill amends Section 9 of Chapter 105 of the 1990 Public Laws, which pertains to the Kingston Water District. The key change involves increasing the maximum amount the district is authorized to borrow from four million dollars ($4,000,000) to fifteen million dollars ($15,000,000). This increase allows the district to issue notes and/or bonds for the expanded amount, ensuring that all funds raised will be exclusively used for the purposes outlined in the act. The district will also be required to appropriate funds annually to cover interest and principal payments on any bonds issued.

This act will take effect immediately upon passage, reflecting the urgency of the financial needs of the Kingston Water District. The legislative council explains that the increase in bonding authority is intended to provide the district with greater financial flexibility to meet its operational and infrastructural needs.